Filed March 8, 2022
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,152 | $78,562+10.9% | $105,608-17.5% | $74,429+17.1% |
| Participation rate | 95.0% | 72.8%+22.3pp | 75.3%+19.8pp | 67.2%+27.8pp |
| Annual return | 19.26% | 15.94%+3.3pp | 116.50%-97.2pp | 1368.38%-1349.1pp |
| Employer contribution / active EE | $6,183 | $2,521+145.2% | $3,167+95.2% | $2,625+135.6% |
| Participant deferral / active EE | $11,549 | $4,321+167.2% | $5,010+130.5% | $4,348+165.6% |
| Admin fee / account holder | $14,941 | $2,217+574.0% | $11,028+35.5% | $1,944+668.5% |